Managed Investments Act 1998 (62 of 1998)

Schedule 2  

Part 1   Amendment of the Corporations Law set out in section 82 of the Corporations Act 1989

165   Paragraph 1317HB(2)(b)

Repeal the paragraph, substitute:

(b) the court is satisfied that the act or omission constituting the contravention caused:

(i) loss or damage to the corporation in relation to which the contravention was committed; or

(ii) loss or damage to, or a diminution in the value of, the property of the scheme in relation to which the contravention was committed;